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Industry Advocates Implore DOL for Regulatory Clarity on SECURE 2.0
Emergency savings and disclosures were points of focus.
Adviser Product Partnerships – 10/11/23
PNC adviser platform to offer Transamerica annuities; 360 Financial partners with Rapacki + Co.; Acorns launches premium tier with GoHenry.
As Student Loan Repayments Resume, Employers Can Help
Advisers and employers can prepare their participants for the financial shift and potential eligibility for matching funds in 2024.
Two Plan Sponsors Accused of Improper Use of 401(k) Forfeitures
ERISA experts point to longstanding and widespread practice of using forfeitures to reduce future employer contributions or pay reasonable expenses.
SECURE 2.0: Provisions, Mandates and Uncertainties
Experts review the road map for current and upcoming dates of the retirement legislation.
Managed Account Sponsors Believe Advisers Can Better Use Offerings, Cerulli Reports
The consulting firm's latest survey revealed that managed account sponsors have significant concerns about plan advisers’ ability to optimize portfolio management.
SEC’s AI Proposal Would Negatively Affect Retirement Education Features, Commenters Say
The feedback period for the SEC proposal on artificial intelligence and conflicts of interest closed today, and the feedback has been overwhelmingly negative.
Retirement Industry People Moves – 10/6/23
PGIM Investments appoints Carlino as global head of alternative investments; Equitable Holdings names Bass head of investor relations; Pine joins Carson Group as Chief Legal Officer; and more.
Half of Hispanic Adults Not Prepared for Retirement, LIMRA Reports
Financial institutions have an opportunity to design solutions tailored to the needs of a huge potential audience of Latino workers.
Advisory M&A News – 10/9/23
Creative Planning acquires Kistler-Tiffany Advisors; Align Wealth Management joins Edelman Financial Engines; Coldstream Wealth Management merges with two firms.
PLANADVISER’s New Digital Experience Is Live!
Check out our revamped website highlighting trending stories, features, research and online events.
Colgate-Palmolive Submits Motion for Summary Judgment in Retirement Fraud Lawsuit
Legal Counsel for the Colgate-Palmolive Employee Relations Committee aim to terminate the plan sponsor's participation in a lawsuit alleging the misappropriation of a participant's retirement plan funds by...
DOL Approves Citi Diverse Asset Program for 401(k)s
According to the regulator, Citi will not violate ERISA fiduciary duties by paying plan fees of diverse asset managers.
Higher Rates Push Both Congress, Investors to Change Strategy
Long-term investors are looking to rebalance their portfolios while considering investing trade-offs in both equity and bond markets.
67% of Small Businesses Expect Revenue Gains
That makes it an ideal time for these employers to consider adding or enhancing workplace retirement plans, according to a Bank of America expert.
Investment Product and Services Launches
Ascensus announces launch of American Funds PEP solution; Allspring Global Investments introduces custom SMA portal; Capital Group unveils adviser benchmark service; and more.
Survey: 73% of Top Advisers Chat In-Plan Annuities With Clients
PLANADVISER’s quarterly pulse survey finds the majority of retirement plan advisers “occasionally” discuss in-plan options, but some don’t see the market as viable yet.